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FOX Business
Nov 29, 2012 3:00pm EST
nuisance headlines coming out of washington? traders at the new york stock exchange, what a day today. some better games at the moment but again a perfect example of how washington is holding the market. >> you talk about how sensitive the market is right now. looking at washington, putting earnings season besides us. all coming down to the last 32 days of the year and what is its going to happen in washington. anytime we hear anybody making any comments, it is going to move the market. like you saw on that chart, who is saying what and when, clearly that shows it is all about getting in front of the camera, getting out in front of the public making sure the public understands where everybody stands. they will stretch this one out as long as they can, the drummer will unfold, we will watch the miniseries play out on live tv. it will come to the same path and figure it out before the end of the year. tracy: we should have our viewers name the intraday chart. i cannot believe this, 32 days, we have to live with this war true fundamentals, make your picks. >> this is an unusual mar
FOX Business
Nov 12, 2012 10:00pm EST
in benghazi and a high level official in washington, off three of whom corroborate the statements about the holding of terrorists. coincidentally or not, that 26 ofoctober is the same ay that to journalists for foreign policy magazine discovered classied documents detailing security concerns in benghazi. they found those documents lying on the floor of what remained of the u.s. consulate. that, three weeks after te fbi had finally made its way to benghazi to coduct an investigation, an investigation that took less than a day. there has been no explanation as to why the fbi left those classified state epartment papers on the gound adding to the coincidences' c'mon the6 of october, it was on that date tht fox news cia operators on the ground in benghazi had assked for, and wer denied elp four times during the cose of the 7-hour assault amssador chistopher stephens, foreign service officer sean smith d cia operatives tie ron woods and glendora the from both former seals were killed in a firefight that move from the cause led to the cia and makes a mile away. a cautionary note tonight
FOX Business
Nov 23, 2012 8:00pm EST
. washington dc is the only city in the united states that has had taken continuousgrowthh >> what about when gas comes down? >> you have a gas situation where you have $4000 and thei wages have only gone up about 1%. was coming up, where is the thing going to? >> it leaves cut taxes. >> i'd like to see taxes go down and someone say america is great. let's do everything we can to eliminate obstacles to success vmax my next guest says that regulations are really killing business. we have congressman eric cantor, the house majority leader is pushing to cut the red tape. and since he does have out there, he actually has a shot at doing it. it's just too hard right now for businesses to continue to operate, given all the onerous and burdensome regulations coming out of washington. and we want to make that stop so we can turn the country aund and began to be a starter country again. we know that the obama administration over the course of the term has imposed 400 regulations that impose more than $100 million of costs annually on small businesses. the small business administration has said th
FOX Business
Nov 25, 2012 1:30am EST
solution worries me. since when have we ever seen any spending cuts coming from washington d.c.? charles, spending is going to go up 10 trillion dollars over the next decade and they're telling us they're going to cut a few trillion off of that, so, spending is going to go higher and taxes, my big worry is once they break the top and raise taxes, we're talking marginal rates here, it's not going to stop. that's the worry and i've got to tell you, for me, the biest irritant of all of this, they waited until the last minute on the debt ceiling and then sold it as the end of the world is coming if we don't get this done now. >> right. >> and waited until the last minute and scaring the living cran out of everybody. >> dagen, let's talk about that because a great article in the journal, businesses are cutting back no doubt about it, t consumers are cutting ba and it's an indictment on everyone in washington. >> one of the reasons if we go over the fiscal cliff and it will hit 90% americans. and lowest income, 30,000 a year a family a tax bill north of $1,000 a year and it hits everybody, to
FOX Business
Nov 27, 2012 11:00pm EST
to a deal to avoid the cliff, that will be largely tax hikes. >> washington is so wasteful now, we have to cut across the board, for these unions to come in, flying in on big jet, they have already killed twinkie, they are killing -- >> be fair. >> they didn't kill the twinkie, when is last time you ate one. >> never. >> and your kids. >> but still, the unions, the waste, waste, and all about them it is okay for them to have the entitle aentitlement but everyoe fore bet it. neil: i am saying that we were supposed to have a balanced approach with revenues and spending cuts. i am seeing a great way of createty to get money from the folks but not safe money, what say you? >> i left him stunned. george, did you hear that? >> i did not realize you were asking me. overwhelming. thank you. you know. propaganda that has gone on for spending, spending, and unions, i don't know what the unions are doing on this issue. they need to get back to representing their members. and reducing government regulations, and other things that can make their companies more profitable overseas, but, to have
FOX Business
Nov 18, 2012 1:00am EST
pretty good and the word out of washington today, is a lot of trying to work together. >> well, gary b, actually, i mn, do you know what it means if we fall off the fiscal cliff for you? i don't know, does anybody know? and is that uncertainty that gary k was talking about really the key here? >> i'll go beyond the uncertainty that gary k said. i think it's doom and gloom. brenda, if you walked outside the studio and grabbed ten people off the street, all ten of them, if you ask what does the fiscal cliff really mean? they go, i don't know, but it sounds bad. this fiscal cliff sounds bad, it doesn't sound like a good thing and brenda, when you he this day after day after day, i think it starts to weigh on consumers out there. it sounds gloomy, it sounds terble, and when people feel terrible, this is more perception in psychology than anything else, they don't spend as much. i wish i could be as opmistic as susan, when i talk to the the average person out there and including myself, everyone is feeling blah. >> brenda: you're not average, gary. tobin you're shaking your heads. >> and ga
FOX Business
Nov 11, 2012 8:30am EST
christie is much more adept at handling the problem than anybody in washington. >> so the jury is still out. and i'm saying this, this is a point i want to raise with you, adam lashinsky, the knee jerk response, fema is doing a great job, how do you know? how do you know? i just find it offensive when officials who are supposed to be providing help so sure early on that they are. and that is, as these others were pointing out, you could go do aerial shots over staten island at some points looks like mogadishu. and the fact of the matter is, quite rightly we're all over administration officials when it looked like the resonse to katrina was delayed. and i don't believe we applied the same litmus test this time around,ut it is what it is. they have a test the responsiveness of agencies and not reward them with more money, before we know how successful. at this point i would say not suck'sful at all. >> hold on, i almost completely agree with you, neil. where i will give the elected officials the benefit of the doubt, they want to try to be hopeful, right? they want to tryo give peop
FOX Business
Nov 23, 2012 12:00pm EST
year which is entirely possible? we are talking about washington. >> i don't think anybody will blink yet in washington. another month left will stretch us out as long as possible. when we come here is a day-by-day market. one day everyone is buying into amanda knox data could be a headline out of washington where everyone is trying to get out real quick. too many uncertainties heading into the year or the first quarter next year so investors will look at this as a day-by-day trade but we can't forget the other factors out there. the fiscal cliff, we will get our normal calendar of economic data and still get headlines out of europe. still lot of things will move the market. i traditionally think we see a run up toward the end of the year. cheryl: a lot of traders bring their families on the floor of the stock exchange, thanks. let's go to the nymex where we have anthony with us. i want to talk about commodities. in particular goal. it has been such a safety play for so long. it was of four months or so but we're getting a little more interest in gold. is that europe or the fisc
FOX Business
Nov 19, 2012 6:00pm EST
is done. but what i about washington? plus, a look at the most innovative tech gadgets. welcome to "the willis report." ♪ ♪ gerri: hello, everybody, i am gerri willis. forty-two days until the united states jumps off the fiscal cliff. that is if the white house and congress don't get their act together first. that means $600 billion in across-the-board spending cuts and tax increases, hitting every single american taxpayer right in the wallet. it's not just us but get hit hard, amid all the uncertainty, companies are scaling back their investment plans. according to "the wall street journal", u.s. companies are cutting their spending plans in the fiscal and economic uncertainty, and doing so at the fastest pace in the a recession. it goes on to say that companies are not planning to spend this year or next year. i am joined by jeffrey miron. welcome back to the show, jeffrey. good to see you. i want to start with some breaking news that we had. moody's just announced that they are cutting france's government rating to aa from triple-a. the s&p data back did it back in january.
FOX Business
Nov 26, 2012 6:00pm EST
should stick to the principal principle message that we have said. washington is running way too much money. there may be differences in want of other issues, but on this one, most americans agree that there's too much waste and fraud and abuse and let's eliminate that. cheryl: where do they fit into this scenario? fatcat ceos, those from honeywell, allstate, do you think that that is going to be a positive conversation? will congressional leaders listen? >> i would think that they have been listening to the ceos all along. and even looking at wall street and main street and they all say the same thing. we want certainty out of washington. we haven't gotten it from this administration, whether it is dodd-frank and all the mess that the excessive spending. so i think that wall street and main street will say the same thing. stop spending so much, put your fiscal house in order. >> let me ask you about warren buffett. warren buffett saying that there's no tax pledge doesn't work. today, and i would like to play this to you over and over, he responded. take a listen to this. >> i agree w
FOX Business
Nov 28, 2012 11:00pm EST
raising taxes more than they do cutting spending. just that spread to washington in era we're told with ongoing fiscal talks they mightbe weighed more towards tax hikes than spending cuts. we thought we would be fair and balanced about this with two california governors, a democrat and republican. you should recognize both. democrat gray davis and republican pete wilson. good to have you. >> thank you, neil. >> good to be with you, il. neil: thank you, governor davis. since you're not with me, governor davis, in the studio here but governor wilson is i'm going to him first. the thing i will raise with you, governor wilson, what i'm noticing going on in this state. clearly a pickup in activity. thgs getting a little bit better the by point of comparison that is off a horrible environment but it is still getting better. its getting better because taxes are going to go up? >> go g no. that's not going to help things. it will mke them worse. and there is a mild improvement. i would hope for a strong improvement. i don't expect to see it. and what has just been done is not going to impr
FOX Business
Nov 26, 2012 11:00pm EST
because republicans too often come to washington saying, it is assess 3508, but after a -- cesspool and after a couple of years they say it a hot tub. but it is not going to work we've seen with budget summit after budget summit, whatever you give more revenue to government, they wind up increasing spending not on mention there are usually -- and they never get as much revenue as they think they will get, so we will dig ourselves deeper into a hole if we wind up letting government get bigger by feeds the beast with more taxes. neil: thank you all very much this is an alarming development post-turkey days, some republicans maybe acting like turkeys. this is cyber monday, a lot of you, if you were working buying stuff, you were not alone, 1.5 billion in cyber related sales if there is a scare on part of justaf ran average joe d grow an and this fiscal cliff, grow an and this fiscal cliff, have a f twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, build
FOX Business
Nov 7, 2012 9:20am EST
. people talk about you ought to be able to compromise in washington d.c.. that is true but don't compromise on a bad solution, on something you know is going to make things worse. on some of these issues they should dig in their heels but it is good for the country or good for the economy, find a way to compromise. stuart: always a pleasure. sorry to cut it short but i did -- i have so much on my plate this morning but come back and see us again soon. 9:49 or morning gold report. where are we the day after with the price of gold? we are a $17.21, up $6 today and back above 1700 firmly. and perhaps the biggest upset of the night, elizabeth warren wins the senate race in massachusetts. maybe the country's ideology really has changed. sandra smith, charles payne coming up next. how can voters of a free market decide to elect a candidate who said this while running for office. listen to this again. >> there is no body in this country who got rich on his own. nobody. stuart: elizabeth warren beating scott brown in massachusetts. sheaths -- use the one who said this. >> nobody in this
FOX Business
Nov 8, 2012 11:00pm EST
crisis in washington. seems they haven't been moving much lately. but things aretarting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get ing. together. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any moy you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: okay, we have some money for special graphics. we do not exhausted all on one thing. that sums up what is going on here. mcdonald's is down for the count. the first back to back report. a big drop off today. the biggest two-day drop off. i'm thinking a global slowdown and no one in washington is very any of these issues. >> bad and getting worse. i do know a lot of economists are saying people are snapping up treasuries left a right. 1.5%. neil: that is a safe place to park and john layfield, when i look at that and obviously what collectiv
FOX Business
Nov 11, 2012 12:00am EST
colorado and washington is a huge geo on a drug prohibition that is how it will end in this country like alcohol prohibition. john: alcohol prohibition was repealed by individual states before the federal government? >> one dozen states by the end of the period. john: new york was three years. 104 -- 10 years and forstmann was up to the fed. >> states lived in open deance than the federal government cannot enforce it the fast majority is that the state level there are notenough agents to go to every colorado pot smoker. >> gapped the same time goodie a was warning people listen, a federal laws are still enforced. but the shift to marriage equality mae, maryland. john: stay on marijuana. >> i am happy to stay on marijuana. [laughter] john: that does not mean they're not in trouble and the obama administration had more dispensaries. >> actually the clinton administrations started to raid merit -- medical marijuana dispensaries that became the goal. john: even after saying we would not. >> exactly. it is of major issue not about drug legalization but can the states set policies that af
FOX Business
Nov 16, 2012 10:00pm EST
gomer, and to leading doctors here to psychoanalyzed it all. in washington that is a lot. our first guest has deep understanding of the y the intelligence community works. joining us now, former cia operative, the highly decorated operative who served 23 years in a clandestine service. he worked as chi of station in the middle east and latin america -- let america. the first question has to be, the former cia director saying that he does not know what happened afer the cia send over their memorandum. that isn't the one he delivered, and the changes had to be made subsequently. the cia director, by the way, you anticipated when you were on this broadcast a few years ago saying that it had to have originated in -- he changes, the flowfrom the white house to the united nations ambassador had to occur either in the state department of the white house itself. >> i stand by that. and e fact is that no one writes those sorts of things that a cia officer would right to my director would write other them at the white house or at ste. remember something. the u.n. ambassador, our ambassador to
FOX Business
Nov 15, 2012 8:00pm EST
seen any money spent in washington that is useful. most of it is counterproductive. let's leave more money in the states and cut spending. we are spending too much. neil: they're not doing that. i guess the democratic leaders seem to be thinking that this election was a referendum on tax increases. i guess you could, in part to my take from the president's victory that maybe his wanting to tax the rich might have been a factor, but i do think americans are looking to get spending and control. >> if you want to say the public is raising taxes on the rich, the public has been sold a bill of goods on this. of the public or to know the facts, the rich already pay most of the taxes. we have a very progressive tax code. millionaires pay on average about 30 percent of their income, not to mention state income taxes and social security taxes. most of the rich are paying nearly 50 percent of their income by the time were done. and most of the income tax is paid by the wealthy. my point is, i don't care whether it's the wealthy, middle-class, or poor. i don't want to divide us. i want to say t
FOX Business
Nov 2, 2012 10:00pm EDT
washington post trackin poll shows the governor taking a one point lead after trailing by one yesterday. those of the two most recent national polls. and while the polls are tight, they are not always accurate or indicative of the of come. either candidate could win this election by a sizable margin, if you consider a sizable margin to be two or 3 percent,perhaps, regardless of what these polls are saying today. one group or demographic, like independent voters, could swing the election in the waning hours of the campaign. and what shuld worry the obama campaign with their race so tight that you can hear is quilt is not the unraveling cover-up on been gauzy or a bust response to a major est coast hurricane. what should worry the obama campaign is that this race is all about the economy, his record, and responsibility where the unemployment rate and in this economic recovery now stand. voters simply trust governor romney more on this most imrtant issue. let's reveal -- that is revealed in poll after poll. a new "washington post" poll shows governor romney turning the economy around. with
FOX Business
Nov 23, 2012 3:00pm EST
secret those unions are not changing wal-mart workers. first to rich and some in washington, d.c.. how unions trying to persuade democrats to avoid spending cuts? >> with a significant lobbying effort on capitol hill and a new advertising campaign targeted at democratic and republican lawmakers in pennsylvania, virginia and missouri. the basic message is don't touch entitlements in the fiscal cliff tops we're having on capitol hill. honesty and one of the union says elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. as for the effectiveness of this campaign one conservative says this type of pressure from unions is nothing new. >> the fact that they are publicly saying what they have been privately saying helps the american people understand where obama's in trend and comes from but nothing has changed. >> the issue is in the fiscal cliff discussion democrats appear willing to put entitlements and spending on the table. republicans saying they're willin
FOX Business
Nov 8, 2012 7:00pm EST
available. but only through today and tomorrow when, of course, congress is not in washington. to ambassador, thank you very much. much more on the iranian incident. he will take that up the "a-team." the changing faces of the obama second term. trenton, a gartner, panetta, and more could be on our way out. shannon green with the story. the looming fiscal cliff, our economy hanging in the balance. moody's chief economist with us next. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corne us bank. lou: let's bring you up-to-date correctly on the money and what is happening on wall street. concernssabout pending tax hikes and budget cuts also known as the fiscal cliff. too much for many investors. stock prices for a second straight session. th
FOX Business
Nov 20, 2012 11:00pm EST
washington with all this talk of compromise. talk republicans could caved on tax hikes. high-ranking leaders expressing flexibility when it come to taxe some newly elected house republicans, guess what, refusing says signing grover norquist note tax pledge. michaelreagan on help breaking that plege. are they going to cave? >> well, i hope they don't. this is not about republicans trying to figure out, if we cave, the electorate will love us. no, they won't. if the cave, the democrats will laugh all the way to the bank. the election coming upon a couple of years. you might remember, my father made this deal with the democrats back in 1980. $3 in spending cuts for every dollar in new taxes. guess what? taxes and a place. my father has been dead since 2004. he is stll waiing for the tax cuts to comment. they will neverome in unless you get them first, not last the. tom: history repeats itself. and i suspect -- >> all the time. the democrats selling the three for one package for ever. you never seemed to get the $3 in spending cuts, but you always get the tax increase. you know, the mayo
FOX Business
Nov 30, 2012 1:00pm EST
over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lots of analysts cutting this stuff today. melissa: lauren, thank you very much. lori: after laying out his opening bid to fisk the fiscal cliff, -- listen to a sampling of that. >> you will see your taxes go up on january 1. i am assuming that does not sound too good for you. that is sort of like the lump of coal you before christmas. that is a scroo
FOX Business
Nov 15, 2012 9:00pm EST
. it would be great if somebody in washington could take the lead. it is not if the recovery recovery, taxes, borrowing, i learned from milton friedman what you spending the money on? we are not getting value for what we spend on. john: not food stamps? they are going up sharply. >> that is not the worst thing the government does. john: people that are disabled? >> growing dramatically 87 the country gets a further the more people collect disability. >> the law has been liberalized and it has been interpreted to make it easier. john: the value of government guaranteed mortgages? >> a. are more cautious now i would be more worried about the pensions of the state employee it will be difficult for the federal government not to honor the state promise that is another $4 trillion on top of everything else. we made to many promises cannot keep we have to look closer to our means and spend money more wisely. john: thank you. up next a crystal ball shows the future supreme court. they are old. and he can appoint new liberals. what will that mean? when we come back. ♪ john: before the electi
FOX Business
Nov 7, 2012 11:00am EST
into this. dagen: if you have to ride out the storm. connell: colorado, washington state to legalize marijuana for recreational use. the judge is thrilled about this. and we will stay on top of the market down 300 for the stocks. as we see a strength in the dollar, the weakness in the euro. dagen: it is impossible to dress up this pig today. an ugly selloff across the board, every major market indicator. off by more than 2%, all of your sectors in the s&p 500 are falling. gold is down. what is up? treasury, safety. is it safe? keep it in cash, keep your money in cash. connell: new york, new jersey still reeling from hurricane sandy. hundreds of thousands of people without power yet. dagen: janice dean has the very latest. how bad will it be. >> everything is vulnerable. because power lines are vulnerable and trees, the coastline and people vulnerable, it will just add insult to injury. getting reports of snow in atlantic city toward new york, jfk reporting snowflakes as well. into southern connecticut and new england. freezing rain or sleet, it'll be dangerous in some cases, so just
FOX Business
Nov 21, 2012 11:00pm EST
if washington doesn't deal with this, then we are all in a lot of trouble. you know, at the fiscal cliff, anxiety raises. i don't think anyone is talking about entitlements. >> actually, going back to what you said about 45 million, i don't know the exact number, when you think about it, that is one out of seven americans. one out of four is having their turkey dinner paid for by taxpayers. what is wrong that people can't afford to put food on the table. it's a tstament to how this economy is. and how much we have created the entitlement mentality that everyone feels they should that they should be on food stamps. when you look at the costs, within about two years, texas at the federal level are going to go just to pay for entitlement programs that have no money left over to pay for all of the other programs of the government. and i find it very suspicious and interesting as you do that here we ha been talking about this for the last couple of weeks and nobody is talking about reforming these things. >> here is the thing. my idea is let them out there. you have a coupe of years to
FOX Business
Nov 17, 2012 8:00pm EST
today since election day on optimism that our leaders in washington will reach a deal to avoid a fiscal clef. the dow jones industrial rick breaking a four day losing streak. s&p up six and a half. nasdaq bros -- rose 16. the s&p down one and half percent. the nasdaq six week losing streak, the longest in almost four and a half years. four and a half years. and economic news, hurricane sandy took a toll on industrial production. it fell fortunes of a percent. economists expecting a two tenths of a percent increase. thyield on a ten year treasury note moving down. crude-oil prices down selling at $86.67 per barrel. and in corporate news, though losing more than 7% in its share price after reporting late yesterday, quarterly earnings fell by nearly 50%. good news for facebook. that stock up more than 6%. the social network share is holdg up despite the expiration of some like the agreement this week. two oil workers are missing after an oil platform exploded off the coast of louisiana today eleven other crew members were flown to hospitals, four of them listed in critical condition. coast
FOX Business
Nov 12, 2012 11:00pm EST
. is it over? is the revolution on went the republican ranks? to rich edison in washington dc on the other story of this fiscal cliff still pending, rich? >> house republican leaders are discussing an overhaul of tax code, lower rates, fewer deductions, a new system that generates more revenue. for some republicans, that ququququaly z asss aaxnce i i in th re cut is too stingy, any housing or senate republican decenters to bain are' boehner's are relatively quiet. he fuses to box himself in. and so far his conference in public is letting their boss negotiate, some republicans are publicll acknowledgi wealthier americans will have to pay more in a new tax system, they may get lower rates but withewer deductions they will be sending more money to dc, it is how how sell this those paying more in general because of a new tax system is a different definition. neil: better be careful what you wish for, let's say if you make itbout deductions and limits writes offs, it ends up being more than you would have paid, you look foolish. >> right, that is why speaker boehner has the toughest job i
FOX Business
Nov 9, 2012 9:20am EST
washington. get ready for a fight. we'll cover it next. >> pay our fair share of taxes. paying my fair share of taxes. everybody paying their fair share. americans who can afford it should pay their fair share. time for congress to stand up for the middle class and make our tax system fairer. we have to make sure we have got a tax system that reflects everybody's doing their fair share. americans who can't afford it should pay tear fair share. i believe everybody should have a fair shot. and everybody should do their fair share. stuart: that is president obama bringing back bill clinton's theme, pay your fair share, i know is sounds different with a british accent. pay your fair share. he said it so much became a campaign slogan, tax the rich. senator harry reid said the results of tuesday are proof that americans want to tax the rich. however, the republicans have fired back. here's what senate minority leader mitch mcconnell said. i'm quoting now. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat
FOX Business
Nov 18, 2012 9:00am EST
washington is really focusing more on reducing the corporate tax rates. david, as you pointed out, the present is supporting that idea. look, i only hear one sector really complaining right now about this and that's the energy sector. they're not worrying about their taxes going up. they're worrying about their subsidies being cut. they're using it as a piece of blackmail to say may, if you cut our subsidy, we're going to move jobs. you know what? enough already. you can afford to do -- >> there were other companies. the problem is there are a lot of other companies worried about this. one of which is apple which has about $120 billion, about half of that money is overseas where it's not doing us any good. >> david, i think you just hit the nail on the head. that's the biggest problem is the repatriation of earnings of u.s. subsidiaries overseas. they're keeping that cash there because we're one of the very few countries that does double taxation of profits. first they get taxed overseas and then we tax them again when they get here. most countries don't do that. that, i think, is
FOX Business
Nov 1, 2012 7:00pm EDT
chronicles the efforts of others. "washington post" now chronicling the documents they found on a october 26 it is in benghazi at the consulate. where has the media ben? >> mitt romney could put this on a front-page. >> i heard you say that three times. i still don't believe it. >> this is not about governor romney but a corrupt actions from the media not to cover this pri is negligence and dereliction of duty not have a press conference or a time line specifically what happened. what did the president do that night, what orders did he give? lou: we have a gutless national liberal media who does not have the courage to step up and do their job. but at the same time an electorate has the opportunity to vote to on whether or not a failure to be square with the american people is to be tolerated. >> that is the sleeper issue of the campaign. a lot of americans and independence -- independent voters look at the media being compliant for i think that will hurt the president and could make the difference. >> the use of the board cover-up, i don't believe there was a cover-up. i can get a screen
FOX Business
Nov 8, 2012 1:00pm EST
into the s&p. melissa: the make up in washington for the next four years remains pretty much the same but the future is anything but status quo. lori: that was interesting. looming budget cuts threaten defense companies but one analyst says it could be a winner in all of this. and investment for you. we get a call with oppenheimer a little later. let's look at the metals. so much talk about the markets and obama victory and ben bernanke staying in place and another day of gains for gold, $10.20, $17.24, silver and copper high. we're back after this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, ojumping into the marke hgoes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. melissa: oil prices recovering from a sell-off. let gets to the action, phil flynn of the p
FOX Business
Nov 20, 2012 1:00pm EST
putting it all on washington and congress to get the fiscal policy in order in order to avoid the fiscal cliff. we have not talked about this, raising the debt ceiling, pushing it again, and he warned that a default could be crisis for business opportunity and actions so with that, i guess we're ready to go out to peter listening to the federal reserve chairman as well in washington with a recap and what stuck out for him. hello, peter. >> hey, that's right. i thought the comments in the end in particular saying the potential for the economy to strengthen significantly exists out there if washington can get its act together and do something to fix the fiscal cliff because he said while the fed, of course, is standing by to provide help for the economy to help keep the economic recovery going, quote, "i don't think the fed has the tools to offset that" ie, the country going off the fiscal cliff, the economy going over the fiscal cliff, but he did say, repeated the fed is standing by continuing to do all it can to keep the economy going, even if the fiscal cliff occurred, but that there al
FOX Business
Nov 10, 2012 6:00pm EST
here, an agreement in the political posturing and theater that is famous in washington. each side trying to very carefully dance off the cliff without looking like it produced the disaster. there is, in the president' remarks today and boehner's yesterday, the inkling of an overture on each side, now, how much of one? with 52 days left to go, how real? rich edson in washington reading between the lines. what do you think, rich? >> well, neil, there's plenty of space. there's not that many details discussed. neither side says they want to box the other in the corner beginning negotiations. president obama, though, made it fairly clear he wants taxes to go up on wealthier taxpayers saying after the election, he was re-elected, democrats back in the senate, and the message in the campaign is wealthier people need to pay more. therefore, that's the approach he's taken. as for what happens in the3 negotiations and next year, we're still very, very early in this, and so we continue to move forward. what we heard from hoe speaker boehner, he'll talk revenue. unprompted the other say said
FOX Business
Nov 16, 2012 9:20am EST
want free stuff. we all want gifts. what are they fighting about in washington right now? people say isn't 12% capital gains tax against 30% income tax the get? to say these people want gifts we all want gifts but you have to make people understand is what you are getting really get? to you or your family or the country? that is where mitt romney failed to articulate the message. you go back down and say you are a miniature, can i get your vote, doesn't work. you are a taker, look for you on tuesday. stuart: question. could the twinkie really be dead. we do have a great american company and has been killed as of today by the unions. hostess says it will liquidate, gone, out of business. could not reach a deal with its unions. the company hostess wanted concessions from the unions. one particular union, the bakers union held a vote and they said no, no concessions. that puts hostess into liquidation. charles: all the other unions finally came around. all of them said this is crazy. we pushed this to the press of this. this company will go out of business and one small minority out the
FOX Business
Nov 29, 2012 1:00pm EST
washington but also these earnings. let's talk about some of these names here, looking particularly at kroger the large supermarket company. revenues beat the street. i just did a long term search, it is a multiyear high actually for kroger which is up more than 4% so to highest levels we've seen since 2009. they also raised their full-year earnings forecast. they have seen consumers boosting their purchases and that is because food prices have actually come down some. that is some good news there for kroger. as far as la-z-boy, their shares have been under some pressure. their results for the third quarter missed analysts expectations. they have been working on marketing campaigns. they do think that is delivering strong results. think reinstated quarterly dividend. that is good news since they haven't done so since 2008. they're underpressure after missing the numbers, down 12%. back to you. melissa: nicole, thanks so much. oil on track to snap a three session losing streak even though speaker boehner says there hasn't been a any real progress on fiscal cliff talks. phil flynn from p
FOX Business
Nov 19, 2012 11:00am EST
not waiting on washington. expecting the worst from white house and congress. sales of existing homes up. one of the reason the market looks pretty good today. very good today, as a matter of fact. credit card debt is on the rise. dagen: stocks are on the rise. stocks now every 15 minutes. nicole: tabletop of arrows. i will take it. the dow jones industrials up 162 points. all components are in the green. bank of america leading the way. traders, i guess, some of them saying after seven of the last nine weeks have down arrows. some of them saying i will just step in there and five. let's take a look at walmart. they have an up arrow here. the company has moved up their quarterly dividend. they moved it to the end of december. this is basically fiscal cliff is what they are saying. it could not, you never know, if it will be settled or not. by building up that dividend payment, it makes it better for the shareholders. back to you. connell: good vibes after the meeting with president. dagen: rich edson is live from inside the beltway with a very long road ahead. rich: it is. even
FOX Business
Nov 17, 2012 2:00am EST
washington. gerri: compromise. he says the word compromise. why don't you buy? >> he said the word compromise, but he also said our challenge is to find compromise. 's right about that. there's a history there. we are not making these judgments based on nothing. we go back, we will do the debt ceiling, the way out ofhe debt ceiling negotiation to create a super committee. going to he super committee and look at what they did. they worked on a come they couldn't come to an agreement. they cannot find a compromise. so they punted and kicked it down the fiscal cliff. now, you're facing this fiscal cliff. they will revisit these issues in 2013 and put in ome longer term structural reforms both on the tax side and the entitlement side. i am pessimistic that we will see anything serious done in the short-term and long-term. gerri: i want to ask your opinion about an outlier opinion, americans for tax reform, grover norquist. he said the president will definitely improve extending the tax cuts for everybody. now, is he just saying what to see happen? or do you think he might have a point?
FOX Business
Nov 7, 2012 5:00pm EST
: so you see, the group of people that we sent back to washington that have to work together, and now it is not a joke. there is no room for fighting any longer. all of this partisanship, the class warfare, the criticism of each other has got to go to the side. and i think that maybe that is what the selloff today is about. people are afraid it won't. what would be your rest see for lawmakers to come together and work together? what is the first thing you would do? >> well i think there needs to be an honest appreciation and understanding of the objectives of the programs that the other side is putting out. there has to be an understanding on each party's part of the genuine cost that the other sees with their pet projects. and so that they can understand that, the nature of the tradeoffs, that could be accomplished, in a reasonable way. political ttadeoffs don't correspond to the kinds of economic tradeoffs that make compromise a more fulfilling process than one man getting his own. unfortunately the political process is dirtier business and it leaves people worse off in terms of the
FOX Business
Nov 25, 2012 8:00pm EST
game when you have a scandal breaking and brewing, in washington, get out of town. >> lou: and what do you think of the president deciding to use the language of the former military government, of burma, and refer to burma as myanmar, what do you make of that, if anything? >> well, i really don't know what to make of it. but, certainly, while he's out there, on this trip, i certainly hope he would take the opportunity to condemn china for its bullying and aggressive tactics and items island imperialism in the south and east china sea and while he's there, he should make it very clear to china that should their tactics involve any hostilities between our allies, japan, and the philippines, our mutual defense treaty will be brought into play. anything less than that, will not deter china from its aggressive tactics. a shot needs to be fired across our bow. >> lou: turning to israel and the engagement with hamas, which looks like, right now, despite the involvement of the united nations secretary-general and others, in trying to mediate, it looksike it could well turn into a ground ope
FOX Business
Nov 6, 2012 10:00pm EST
next round of those states at 11:00 p.m. are california, hawaii, idaho, oregon, and washington. those are all states that the president is expected to win. that would be about 70 -- actually 82 electoral votes that he could pick up in the 11:00 p.m. hour or shortly thereafter. so now your up to about 245. i have not even counted ohio where he is leading, not prohibitively, but leading command that would bring you to 263, within seven of winning the 270 you need. and then you understand that if your mitt romney you have to when virtually every single other state. that's what we mean by prohibitive math. looking at that same math. what do you think? >> i think it looks bleak for the republicans. i am not happy about it, but i am praying. i have all my fingers and toes crossed. i'm worried about what happens if we lose. neil: the futures are down. i don't want to tightest directly to what's going on in this election tonight, but what do you think happens to the markets? if we have just another four years like the last four or at least like we have been used to. >> well, we raced t
FOX Business
Nov 19, 2012 5:00pm EST
washington, d.c. i'm a little worried despite today's run-up you have more 52-week lows versus new 52-week highs. i'm not sure this will be enough to push us above 1400 dow. melissa: we are getting the news about france that puts any continuation of the rally in jeopardy at the same time talk about this later. looking down the road, clearly becoming europe's. if you feel like the market and economy going to helena handbasket but you have to take care to protect your company's assets, what do you do? >> don't be guided by your feelings. emotions are not tools of condition. if you think with your head, not so much your heart. there is opportunity. lot of value-oriented areas in the market. names like canon, east w. j. is one of them to consider. we're betting against bonds, budding inflation will rear its ugly head. we're buying bonds that actually goes up with lost magistrates. more than anything, void the instinct to make all or nothing decisions when it comes to her portfolio. those type of decisions you will regret later on. i think it is a bad idea to put in your house certainly. w
FOX Business
Nov 13, 2012 7:00pm EST
washington in session with a long list of chores. none more pressing than dealing with a fiscal cliff of the benghazi investigation. joining us now, host of "huckabee" on the fox news channel. and author of the brand-new book. it is great to have you here. congratulations on the new book. >> thank you, thought we needed something other than politics for a while. what do we have? like the song by the who, meet the new boss, same as the old boss. lou: i cling to those politics so desperately here. your reaction to the fact the smartest man in the military was there, turned out to be head of the cia, the dumbest spy we ever had. >> not a good week for spies. when you add to the drama of general allen and the ever-expanding scandal, it is tragic for their families, tragic for america. lou: the part that is tragic for us. in our various institutions, since there are no consequences. sitting in an aircraft, we have a pretty strong light, and this actually the architect and the guy who presided over the largest conflict in american history, a conflict we have not won. >> to his credit, we ha
FOX Business
Nov 3, 2012 10:00am EDT
will take a look at what is going on this washington, right now. this is the million puppet march. started as a million muppet protesting mitt romney's plan to rein in pbs and funding for pbs but other puppets sympathizing with pbs have joined the march, but this guy tells you what is happening to our country. i'm telling you guys, it is rome, the final days and we have senate races, heating up in the middle of all of this, puppetry and pollsters are starting to say the democrats will take control and my next guest, not so fast, george allen, the republican running for senate in virginia. barely lost by a tenth of a point and now the polls have him even, with tim king this time, and anyhow, what do you think the senate looks like now, have you had to handicap it? >> it is very close. we have a race in voo virginia and we are working hard in virginia and are encouraged by the enthusiasm and we see people envision a better future than we are having to endure these days and virginia, care about jobs and the economy and the latest threat coming out of failed washington leadership. on
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